THE manufacturing giant 3M is set to pay out more than $6billion to veterans who claimed that faulty earplugs caused hearing-related conditions. Chiefs have agreed that the funds will be paid out over six years to 2029 after the agreement was reached on Tuesday. The chemical giant 3M is set to pay out more than $6millionReuters Around $5billion will be shelled out in cash, while the other $1billion will be paid out in stock. Officials at the company have warned that the settlement is not “an admission of liability.” They have stressed that the devices are safe and effective. But, lawyers, who are representing the veterans who sued, said: “This historic agreement represen
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